Stock Market & Financial Investment News

ALIAD reports 9.4% stake in Plug Power ALIAD acquired the Class C Preferred Stock as an investment and in order to support the business of the company. ALIAD is entitled to designate a Director to the company’s Board, and such Director will participate fully in the deliberations of the Board.

Plug Power announces Martin Hull as Chief Accounting Officer Plug Power announces Martin Hull as Chief Accounting Officer effective April 1. Through this position, Hull will enhance the finance team's ability to support Plug Power's growth as the company continues to build on the depth and breadth of its reporting and accounting competencies. Previously, Hull was a principal and director at the accounting firm of Marvin and Company, P.C.

Plug Power says sees over $100M in revenue for 2015, consensus $107.13MSays plans to recognize over $100M in revenue for 2015, consensus $107.13M. Says targeting $200M in bookings, with approx. 75% coming from repeat customers. In 2015, also plans to continue to increase gross margins, continue investment in expanding hydrogen offering. Says company is financially secure. Comments made on the Q4 earnings conference call. Plug Power is down 8.36% to $2.52 in morning trading.